SEATTLE, WA (May 10, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that DCT Industrial has selected the company as the leasing agent for seven Class A industrial properties offering a total of 1.1 million square feet space throughout the Seattle market.
“This is an enormous win for Grubb & Ellis’ newly expanded Seattle industrial team and we are pleased that DCT Industrial selected us to represent such a high class portfolio,” said Bill Condon, (top right photo) executive vice president, managing director, Seattle.
This is the second major industrial leasing assignment for the office, which was recently selected by AMB Property to market a four-building, 1.3-million-square-foot Class A portfolio located in Kent, Tukwila, South Seattle and Renton.
The DCT Industrial portfolio in the Seattle market is 95 percent leased. Approximately 59,433 square feet of space is available for rent at O’Brien Business Park, a 182,000-square-foot building located at 6804 212th St. in central Kent, The park offers excellent access to Highway 167 and Interstate 5. The property is anchored by BarclayDean Environments, a workspace furniture manufacturer.
§ The Van Doren’s Landing Shaw Industries building, located at 22408-22620 64th Ave. S, is anchored by Shaw Industries and offers approximately 192,000 square feet of space.
§ The 183,000-square-foot Van Doren’s Landing Sea-Pac Building, located at 6215-6307 S. 228th St., is fully occupied by multiple tenants, including Sea-Pac Sales Company and Cronin and Company.
§ Seattle Bike Supply building, located at 7620 S. 192nd St., offers 66,500 square feet of space is fully occupied by Seattle Bike Supply.
The portfolio also includes 800 S.W. 27th St., Renton, a 182,000-square-foot building fully occupied by Trojan Lithograph.
Contact: Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com
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